Techmeme
January 14, 2022, 11:45 AM

Top News

Yuliya Chernova / Wall Street Journal:
Crypto exchange FTX launches a $2B venture fund, aiming to invest across startups stages, investing from $100K to hundreds of millions of dollars  —  FTX Ventures will invest in crypto startups across sectors  —  Crypto exchange FTX Trading Ltd. has launched a $2 billion venture fund …
NBC News:
The January 6 House committee subpoenas Meta, Alphabet, Reddit, and Twitter after their “inadequate responses” to requests for information about the riot  —  The House committee investigating Jan. 6 on Thursday subpoenaed Reddit, Twitter and the parent companies of Google and Facebook after their …
Wall Street Journal:
State AGs' suit alleges Google misled publishers and advertisers for years about ad pricing by deflating sales for some and increasing prices for buyers  —  Details show Google employees fretting its ad tech auctions were ‘untruthful’ and based in ‘insider information’
Bloomberg:
Ukraine says a cyberattack brought down websites of several government agencies for hours but no sensitive data was stolen  —  Ukraine said a cyberattack brought down the websites of several government agencies for hours.  Authorities didn't immediately comment on the source of the outage …
Gabrielle Tétrault-Farber / Reuters:
Russia's FSB says it detained and charged members of the REvil ransomware gang at the request of the US; source: Russian citizens won't be handed over to the US  —  Russia's FSB security service conducted a special operation against ransomware crime group REvil at the request of the United States …
Aoyon Ashraf / CoinDesk:
Block says it is building an open-source bitcoin mining system to make mining more “distributed and efficient”, after Jack Dorsey teased the idea in October  —  The payment services company formerly known as Square is open to building new mining computers and is hiring for a new engineering team.
Joanna Partridge / The Guardian:
Google will buy London's Central Saint Giles development, which includes 408K sq. ft. of office space, for $1B  —  Site will have space for 10,000 UK employees who will work under hybrid workplace model  —  Google has announced a $1bn (£871m) deal to buy the London development Central Saint Giles …
TechCrunch:
Q&A with Wordle creator Josh Wardle on the game's origin story, reasons for keeping it simple, app clones, and handling the traffic from its newfound popularity  —  “People have an appetite for things that transparently don't want anything from you.”  —  The internet loves …
Mike Butcher / TechCrunch:
Meta faces a $3.1B UK class action suit alleging it abused Facebook's market dominance and set an “unfair price” for 44M UK users' data from 2015 to 2019  —  A competition legal expert, backed by a powerful litigation fund, is to mount a multibillion-dollar class action suit …
Washington Post:
A bipartisan group of lawmakers introduces the TLDR Act, which would require sites and apps to offer easy-to-digest, nutrition label-like summaries of their TOS  —  Happy Thursday!  Below: The FCC proposes new data breach rules for telecom and the White House meets with tech leaders on cyber.

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More News

Nathaniel Mott / PCMag:
Nitasha Tiku / Washington Post:
Allison Johnson / The Verge:
Jordan Novet / CNBC:

Earlier Picks

Kent Walker / The Keyword:
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Chaim Gartenberg / The Verge:
Meghan Bobrowsky / Wall Street Journal:
Felix Onuah / Reuters: